|Time to end the multigenerational Ponzi scheme
By Kim Stanley Robinson
FIRST, WE need to trust our science. We do this every time we fly in a
jet or rush to the doctor in hope of relief from illness; but now there
is some cherry-picking of science going on in the various kinds of
resistance to the news about climate change, and this double standard
needs to be called out. The so-called climate change skeptics are now
simply in denial. All science is skeptical, and the scientific community
has looked at this situation and found compelling evidence for anyone
with an open mind.
Science is telling us that if we keep living the way we do, we will
trigger an unstoppable and irreversible climate change that may de-ice
the planet and acidify the oceans, causing mass extinction. It took tens
of millions of years for Earth to recover from previous mass
extinctions. It is certain that human beings would be devastated by such
an event, despite our intelligence and technological power-and there are
instabilities in the climate system that include tipping points that we
are closing in on fast.
That's what our science is telling us. The most rational way to act is
to believe that and then to act on that belief.
Above all, we need to decarbonize our power and transport systems, and,
more generally, to build a carbon-neutral or even carbon-negative
civilization as quickly as possible. It's not a matter of technology. We
already have good starter technology for lithium-ion batteries in cars;
clean, renewable energy generation; cleaner building methods; and so on.
The technical solutions are being improved all the time in research
The main problem is making these changes happen more quickly than they
can in the false pricing system that we have created and enforced within
our hierarchical power structure. There is conflict over how to pay for
decarbonizing, which is deemed "too expensive" to execute quickly. There
is both a defense of the destructive carbon burning we are engaged in
and a resistance to the most obvious solutions among people who remain
frightened of the idea of government-led economic programs. But now we
simply must have such programs because the market is not capable of
Am I saying that capitalism is going to have to change or else we will
have an environmental catastrophe? Yes, I am. It should not be shocking
to suggest that capitalism has to change. Capitalism evolved out of
feudalism. Although the basis of power has changed from land to money
and the system has become more mobile, the distribution of power and
wealth has not changed that much. It's still a hierarchical power
structure, it was not designed with ecological sustainability in mind,
and it won't achieve that as it is currently constituted.
The main reason I believe capitalism is not up to the challenge is that
it improperly and systemically undervalues the future. I'll give two
illustrations of this. First, our commodities and our carbon burning are
almost universally underpriced, so we charge less for them than they
cost. When this is done deliberately to kill off an economic competitor,
it's called predatory dumping; you could say that the victims of our
predation are the generations to come, which are at a decided
disadvantage in any competition with the present.
Second, the promise of capitalism was always that of class mobility-the
idea that a working-class family could bootstrap their children into the
middle class. With the right policies, over time, the whole world could
do the same. There's a problem with this, though. For everyone on Earth
to live at Western levels of consumption, we would need two or three
Earths. Looking at it this way, capitalism has become a kind of
multigenerational Ponzi scheme, in which future generations are left
holding the empty bag.
You could say we are that moment now. Half of the world's people live on
less than $2 a day, and yet the depletion of resources and environmental
degradation mean they can never hope to rise to the level of affluent
Westerners, who consume about 30 times as much in resources as they do.
So this is now a false promise. The poorest three billion on Earth are
being cheated if we pretend that the promise is still possible. The
global population therefore exists in a kind of pyramid structure, with
a horizontal line marking an adequate standard of living that is set
about halfway down the pyramid.
The goal of world civilization should be the creation of something more
like an oval on its side, resting on the line of adequacy. This may seem
to be veering the discussion away from questions of climate to questions
of social justice, but it is not; the two are intimately related. It
turns out that the top and bottom ends of our global social pyramid are
the two sectors that are by far the most carbon intensive and
environmentally destructive, the poorest by way of deforestation and
topsoil loss, the richest by way of hyperconsumption. The oval resting
sideways on the line of adequacy is the best social shape for the
This doubling of benefits when justice and sustainability are both
considered is not unique. Another example: world population growth,
which stands at about 75 million people a year, needs to slow down. What
stabilizes population growth best? The full exercise of women's rights.
There is a direct correlation between population stabilization in
nations and the degree to which women enjoy full human rights. So here
is another area in which justice becomes a kind of climate change
technology. Whenever we discuss climate change, these social and
economic paradigm shifts must be part of the discussion.
Given this analysis, what are my suggestions?
* Believe in science.
* Believe in government, remembering always that it is of the
people, by the people, and for the people, and crucial in the current
* Support a really strong follow-up to the Kyoto Protocol.
* Institute carbon cap-and-trade systems.
* Impose a carbon tax designed to charge for the real costs of
* Follow the full "Green New Deal" program now coming together in
discussions by the Obama administration.
* Structure global economic policy to reward rapid transitions from
carbon-burning to carbon-neutral technologies.
* Support the full slate of human rights everywhere, even in
countries that claim such justice is not part of their tradition.
* Support global universal education as part of human-rights
* Dispense with all magical, talismanic phrases such as "free
markets" and promote a larger systems analysis that is more empirical,
without fundamentalist biases.
* Encourage all business schools to include foundational classes in
ecology, environmental economics, biology, and history.
* Start programs at these same schools in postcapitalist studies.
Does the word postcapitalism look odd to you? It should, because you
hardly ever see it. We have a blank spot in our vision of the future.
Perhaps we think that history has somehow gone away. In fact, history is
with us now more than ever, because we are at a crux in the human story.
Choosing not to study a successor system to capitalism is an example of
another kind of denial, an ostrich failure on the part of the field of
economics and of business schools, I think, but it's really all of us
together, a social aporia or fear. We have persistently ignored and
devalued the future-as if our actions are not creating that future for
our children, as if things never change. But everything evolves. With a
catastrophe bearing down on us, we need to evolve at nearly
revolutionary speed. So some study of what could improve and replace our
society's current structure and systems is in order. If we don't take
such steps, the consequences will be intolerable. On the other hand,
successfully dealing with this situation could lead to a sustainable
civilization that would be truly exciting in its human potential.